Sheet1

22 Year Retirement Plan (Quoted in PHP)

Year Salary Savings / Mnth (20%) Savings / Year Last Year Savings % Compounding Total Accumulated Total Compounded
1 20,000.00 4,000.00 48,000.00
2 21,000.00 4,200.00 50,400.00 48,000.00 0.2 98,400 108,000
3 22,050.00 4,410.00 52,920.00 108,000.00 0.2 151,320 182,520
4 23,152.50 4,630.50 55,566.00 182,520.00 0.2 206,886 274,590
5 24,310.13 4,862.03 58,344.30 274,590.00 0.2 265,230 387,852
6 25,525.63 5,105.13 61,261.52 387,852.30 0.2 326,492 526,684
7 26,801.91 5,360.38 64,324.59 526,684.28 0.2 390,816 696,346
8 28,142.01 5,628.40 67,540.82 696,345.72 0.2 458,357 903,156
9 29,549.11 5,909.82 70,917.86 903,155.69 0.2 529,275 1,154,705
10 31,026.56 6,205.31 74,463.75 1,154,704.68 0.2 603,739 1,460,109
11 32,577.89 6,515.58 78,186.94 1,460,109.37 0.2 681,926 1,830,318
12 34,206.79 6,841.36 82,096.29 1,830,318.19 0.2 764,022 2,278,478
13 35,917.13 7,183.43 86,201.10 2,278,478.12 0.2 850,223 2,820,375
14 37,712.98 7,542.60 90,511.16 2,820,374.85 0.2 940,734 3,474,961
15 39,598.63 7,919.73 95,036.72 3,474,960.97 0.2 1,035,771 4,264,990
16 41,578.56 8,315.71 99,788.55 4,264,989.89 0.2 1,135,560 5,217,776
17 43,657.49 8,731.50 104,777.98 5,217,776.42 0.2 1,240,338 6,366,110
18 45,840.37 9,168.07 110,016.88 6,366,109.68 0.2 1,350,354 7,749,348
19 48,132.38 9,626.48 115,517.72 7,749,348.50 0.2 1,465,872 9,414,736
20 50,539.00 10,107.80 121,293.61 9,414,735.92 0.2 1,587,166 11,418,977
21 53,065.95 10,613.19 127,358.29 11,418,976.71 0.2 1,714,524 13,830,130
22 55,719.25 11,143.85 133,726.20 13,830,130.34 0.2 1,848,250 16,729,883

* this column refers to the number of years. In the first year you will be starting at first for your investment capital on next year
In the second year, it will be the start of your investment cycle. You will only be expected to invest the accumulated capital in the
previous year.
**Salary incremental with a rate of at least 5% per year. This is the usual salary incremental of some companies.
*** this is your savings per month based on your salary and is set at 20% of your salary
****Annual Savings
*****Savings for the last year and the amount for capital on the year
*******The interest to be compounded per year
*********Total amount of savings
accumulated
Note: This amount may vary depending on your salary increase. The higher *****Accumulated
the earlier you will get to a desired 16 million PHP investment Amount

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